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From | "Martin Weiss" <martin.weiss1@gmx.de> |
To | <statalist@hsphsun2.harvard.edu> |
Subject | AW: st: Egen for logit regression |
Date | Wed, 7 Apr 2010 17:04:19 +0200 |
<> " Thank you Martin for the insights. Its good now." LOL: http://www.stata.com/statalist/archive/2010-02/msg00840.html HTH Martin -----Ursprüngliche Nachricht----- Von: owner-statalist@hsphsun2.harvard.edu [mailto:owner-statalist@hsphsun2.harvard.edu] Im Auftrag von muhammed abdul khalid Gesendet: Mittwoch, 7. April 2010 17:01 An: statalist@hsphsun2.harvard.edu Betreff: Re: st: Egen for logit regression Thank you Martin for the insights. Its good now. my assumption is that both parents dies, and thus i suspect that the unexplained premium attached to ethnic1 is due to the inheritance. I run another regression for those without wealth and find that those premium disappears. Thanks again. MK 2010/4/7 Maarten buis <maartenbuis@yahoo.co.uk>: > --- On Wed, 7/4/10, muhammed abdul khalid wrote: >> How do i test the effect on ethnicity IF all observations >> doesn't have inheritances wealth? Do i introduce another >> dummy say ''inheritance'', of which it equal to wealth>0 >> at age 20? Or use egen command to create mean value of >> wealth as a proxy of starting point? > > You would need to define what you mean exactly with > inheritance, in particular does it include transfers from > living parents to their kids (e.g. to start a business) > or are you using a more conventional definition which would > require that (often both) parents died. If you use the > latter definition then your first solution would seem wrong: > fortunately it is very common that the parents are still > alive when the kids become 20. If you use the former > definition, then I would consider these intergenerational > transfers as an intervening mechanism: they partly explain > why race influences wealth. In this case I would _not_ want > to control for these transfers when estimating the effect > of race. If we would control for these transfers, we would > take away the part of the effect that we are pretty sure > really exists (because we know and understand the mechanism) > and are left with variation we can't explain. Anyhow, this is > all academic since you appear to have no information on > intergenerational transfers in your data. > > Hope this helps, > Maarten > > -------------------------- > Maarten L. Buis > Institut fuer Soziologie > Universitaet Tuebingen > Wilhelmstrasse 36 > 72074 Tuebingen > Germany > > http://www.maartenbuis.nl > -------------------------- > > > > > * > * For searches and help try: > * http://www.stata.com/help.cgi?search > * http://www.stata.com/support/statalist/faq > * http://www.ats.ucla.edu/stat/stata/ > -- Muhammed * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/statalist/faq * http://www.ats.ucla.edu/stat/stata/ * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/statalist/faq * http://www.ats.ucla.edu/stat/stata/